Headquartered in Ft. Smith, Arkansas, Cloyes Gear and Products, Inc. (“Cloyes”) is a leading supplier of timing systems and components for automotive engines and enjoys a dominant market position in the North American automotive aftermarket under the Cloyes® and Dynagear® brand names. Cloyes is one of only four global suppliers that provides customers with the design, engineering, manufacturing and supply chain management for the timing system in engines. Cloyes is also one of the few global suppliers that has demonstrated the expertise required to manufacture components used in growing markets for variable valve timing technology. Cloyes operates four manufacturing facilities in the United States, a manufacturing joint venture in Germany (Cloyes Europe GmbH), and three distribution/system assembly facilities in North America. www.cloyes.com NEWS ARTICLES: May 29, 2006 BUYOUTS "KPS Expands Auto Parts Presence" May 17, 2006 KPS Special Situations Funds Acquires Cloyes Gear and Products, Inc.